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200210532 (0) 'Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (P) "FESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. (Q) 'Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of HALL [Type of Recordng Jurisdicton] [Name ofaecording Jurisdiction] Part of the East One Half of the Southeast Quarter (El /2SE3 /4) of Section Twenty, (20), Township Eleven (11) North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska, more particularly described as follows: Commencing at a point on the Southerly line of Del Monte Avenue, which point is Three Hundred Fifty Two (352) feet southwesterly from Lot One (1), Block Five (5), Bel Air Addition to the City of Grand Island, Nebraska; thence running Southeasterly along and upon a line parallel with the Southwesterly Lot line of said Lot One (1) and Three Hundred Fifty Two (352) Feet distant therefrom, for a distance of One Hundred Twenty Six (126) Feet; thence running Southwesterly on a line parallel with the Southerly line of Del Monte Avenue for a distance of Seventy (70) feet; thence running Northwesterly on a line parallel with the Southwesterly Lot line of said Lot One (1), Block Five (5), Bel Air Addition and Four Hundred Twenty Two (422) Feet distant therefrom, for a distance of One Hundred Twenty Six (126) Feet to the Southerly line or Del Monte Avenue; thence running Northeasterly on and upon the Southerly line of Del Monte Avenue for a distance of Seventy (70) Feet to the point of beginning. Parcel ID Number: 400146924 which currently has the address of 2531 DEL MONTE AVE [Street] GRAND ISLAND [City], Nebraska 68803 .6329 [zip code] ( "Property Address "): TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. y` 229234 mmu: /� dM-a(NE) 0005) awae 015 ` Farm 3020 1101